EU imports rise 9.9% in second quarter as Cyprus trade deficit widens

Nicosia, Cyprus. EU imports of goods from outside the bloc rose 9.9 per cent in the second quarter of 2026 from the previous quarter, while exports increased 5.4 per cent, according to Eurostat. Cyprus separately recorded a sharp widening of its trade deficit during the first half of the year.

EU trade figures

The EU imported €701.8 billion worth of goods from non-EU countries between April and June, while exports totalled €680.0 billion.

Compared with the second quarter of 2025, EU imports increased by 11.7 per cent and exports rose by 4.5 per cent.

Import sources

China remained the EU’s largest source of imported goods, accounting for €153.6 billion, or 21.9 per cent of all extra-EU imports.

The United States was the second-largest supplier at €98.7 billion, representing 14.1 per cent, followed by the United Kingdom at €43.4 billion, or 6.2 per cent.

Switzerland accounted for €36.9 billion, or 5.3 per cent, while Turkey supplied €25.5 billion, representing 3.6 per cent of EU imports.

Compared with the second quarter of 2025, imports from the United States increased by 11.5 per cent, the United Kingdom by 8.8 per cent, China by 7.9 per cent and Switzerland by 2.1 per cent. Imports from Turkey declined by 0.6 per cent year-on-year.

Export markets

The United States remained the EU’s largest export market, with EU goods exports reaching €127.7 billion, or 18.8 per cent of all extra-EU exports.

The United Kingdom ranked second at €92.7 billion, or 13.6 per cent, followed by Switzerland at €60.5 billion, representing 8.9 per cent.